ICSID Tribunal considers modification of stay order in light of planned enforcement of domestic judgment | Practical Law

ICSID Tribunal considers modification of stay order in light of planned enforcement of domestic judgment | Practical Law

In Occidental Petroleum Corporation and Occidental Exploration and Production Company v. Republic of Ecuador (ICSID Case No. ARB/06/11), an ICSID Tribunal considered whether to modify an existing stay order pending annulment proceedings, in light of possible enforcement proceedings by the respondent in respect of a domestic judgment.

ICSID Tribunal considers modification of stay order in light of planned enforcement of domestic judgment

Practical Law UK Legal Update Case Report 2-583-0247 (Approx. 3 pages)

ICSID Tribunal considers modification of stay order in light of planned enforcement of domestic judgment

by Practical Law Arbitration
Published on 01 Oct 2014 • International
In Occidental Petroleum Corporation and Occidental Exploration and Production Company v. Republic of Ecuador (ICSID Case No. ARB/06/11), an ICSID Tribunal considered whether to modify an existing stay order pending annulment proceedings, in light of possible enforcement proceedings by the respondent in respect of a domestic judgment.